Non-compliance | Egypt Oil & Gas

Saudi, Iraq Confirm Commitment to OPEC+ agreement

Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman Al Saud, and Iraq’s Oil Minister, Ihsan Abdul Jabbar Ismail, had a phone call to discuss the issue of compliance with the OPEC+ deal.

Norway Not to Extend Oil Output Cut in July

Europe’s largest oil producing nation, Norway, has no plans to further extend the record OPEC+ production cuts in July due to economic reasons.

Mexico Refuses to Join July’s OPEC Cuts

OPEC member Mexico has stated that it will not join other top oil producing countries in supporting further oil cuts in July.

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